A fixed contract with payment stages
Have a development contract to be delivered to a schedule?
Then choosing a contract with a fixed budget, schedule and payment points may work best for you. Under this arrangement I work to your affordable budget and schedule, with payments taking place at agreed stages of the project. When the project is completed the last payment is made and the contract comes to an end.
A support contract with low monthly payments
Want to lower your project payments?
Then lowering payments over a longer time period may work better, allowing low, fixed monthly payments to share the contract cost over a long(er) period of time. This kind of contract also works well if your requirements include support in terms of back-end, website, email administration or the addition of social media support.